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Saturday, 23 January 2016

WEEKLY VIEW OF EQUITY MARKET

!!BUY
IDEA CELLULAR 107 TG 110,115 SL 104 !!

GAINER’S

M&M,HINDALCO,GAIL,TATASTEEL

LOSSER’S

BOSCH,HUL,GRASIM,BHARTIARTL

Nifty
is expected to open down on starting day of week and then can give a bullish
way on market buy crossing the level of 7440. Expiry is expected to remain up
as its difficult to cross the level of
7220 till expiry session of these month. Wall Street surged 2 percent on Friday
to wrap up its first positive week of 2016 as a cold snap in the United States
and Europe sent oil prices sharply higher. Crude prices, recently under
pressure from a global glut, recovered 9 percent as harsh winter weather
boosted demand for heating oil and traders cashed in short positions following
a steep drop this month. Which is and will effect the oil stocks adversely and
can give good return to short term as well as long term traders. Few of the
highlighting stocks expected for further week are: TATASTEEL,PCJEWELLERS,RUSHILDECOR,YESBANK,ACCLTD